The new wave of hospital consolidation
Goldstein, L.
Healthcare Financial Management Journal of the Healthcare Financial Management Association 66(4): 60-67
2012
ISSN/ISBN: 0735-0732 PMID: 22523889 Document Number: 656149
Reimbursement challenges, spiraling healthcare costs, and a slow economic recovery are driving the latest wave of hospital consolidation. Health insurance companies and provider systems are forming partnerships in the consolidation field with the goal of reducing healthcare costs and improving quality. The "cost" of the acquisition may include debt and other obligations of the acquired hospital, such as pension liabilities, along with a multiyear capital commitment.